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SEGRO : Trading Update | MarketScreener


22 April 2021
SEGRO plc ( SEGRO or the Group ) today publishes a trading update for the period from 1 January 2021 to 21 April 2021
1.
David Sleath, Chief Executive, said:
2021 has started well for SEGRO, with our ongoing active asset management strategy and continued strong occupier demand enabling us to sign £18 million of new headline rent during the quarter by capturing reversionary potential on the existing portfolio, alongside securing new pre-lets on developments.
Our expanded, de-risked development programme now comprises 1.3 million sq m of new space either under construction or in advanced discussions. We have also been able to secure further land to extend our future development pipeline. ....

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SEGRO signals strong start to 2021 | 22 April 2021


22 April 2021 | 07:14am
StockMarketWire.com - SEGRO signed £18 million of new headline rent in the first quarter of 2021 and retention remained high at 82%, marking a strong start to the year.
The company saw a small increase in the vacancy rate to 4.4 per cent (31 December 2020: 3.9 per cent) largely driven by taking back space for refurbishment in the highly sought after London and Paris portfolios.
New headline rents on review and renewal were up more than 12 per cent on previous passing rent, as ongoing asset management continued to capture reversionary potential from the existing portfolio.
During the period between January and April, there was £11.3 million of new, unconditional pre-let agreements and lettings of speculative developments prior to completion. These included pre-lets in France, Italy and Poland and a further big box warehouse at SEGRO Logistics Park – East Midlands Gateway in the UK. ....

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SEGRO plc: Director Declaration

Regulatory News: 16 March 2021 SEGRO plc (the Company) DIRECTOR DECLARATION The Company announces, in accordance with Listing Rule 9.6.14(2) and the Authorité des marches financiers (AMF) ....

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